Power Project: India is still thinkingJun 7, 2007
While India is still thinking on Power Project, last year China has a record 105 Giga Watt (GW) or over 100,000 MW of fresh power capacity in one year.
In India, forget delivery of capacity, for the past six months, the country’s largest greenfield power project is on standby mode. Six months after it chose a bidder for the 4,000- MW Ultra Mega Power Project (UMPP) at Sasan in Madhya Pradesh and gave it a Letter of Intent, the Union Power Ministry now cannot decide whether or not to award the contract.
The estimated Rs 16,000-crore project is expected to supply power to eight states: MP, Uttar Pradesh, Delhi, Haryana, Punjab, Rajasthan, Uttaranchal and Chhattisgarh.
Source : India’s biggest pvt power project on hold